Renewable Energy Long Island Inc

Analysis

Renewable Energy Long Island Inc is a registered charity in United States, based in Sayville, NY. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Renewable Energy Long Island Inc reported income of $129k and spending of $150k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $66k to $129k (+97%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 100%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Renewable Energy Long Island Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Foundation for the Conservation of Arizonas Wildlife ($129k), Veterans Employment Base Camp and Organic Garden ($129k) and Whaleman International Ltd ($129k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (74% of expenses). Other salaries and wages came to $8,905. At year end it held assets of $64k against liabilities of $6,665, net assets of $58k. It reported 2 employees.